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  #681  
Old Posted Mar 15, 2006, 8:28 PM
MaxPower MaxPower is offline
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Sad to see the hotel go...that is prime real estate so I'm sure other hotels will go up there.
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  #682  
Old Posted Mar 16, 2006, 8:57 AM
TXlifeguard TXlifeguard is offline
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AT&T, SA Growth, etc...

Interesting story that ran in the Atlanta Journal-Constitution about the AT&T/BellSouth Merger, San Antonio in general. It's an interesting article from an outsiders perspective about SA.

(You would have to sign-up to read the article on-line, and I hate that, so I copied and pasted the story in its entirety here)

Texas city builds on AT&T's brand
Hometown titan puts San Antonio in the big leagues
Matt Kempner - Staff
Sunday, March 12, 2006

San Antonio --- Leaders here thought they had scored their greatest economic coup in 1992 when they persuaded the smallest Baby Bell to move to their laid-back city, four blocks from the Alamo and in a downtown known --- then and now --- less for big business than for history and margaritas by the River Walk.

Forgive Mario Hernandez for smiling at this recollection.

"I thought the crown jewel of my career would be the relocation of Southwestern Bell," says Hernandez, who heads the San Antonio Economic Development Foundation.

Little did he know.

Last week, the former telecom runt announced a deal to buy Atlanta-based BellSouth for $67 billion and take on its $22 billion in debt. The parent company will remain in San Antonio, leaving what will clearly be the world's largest telecommunications titan in a metro area a third the size of metro Atlanta. The news raised concerns in Atlanta, which has taken a string of economic hits recently.

But in San Antonio, boosters say they are on a roll. And along streets named after heroes of Texas independence, the acquisition of an Atlanta corporate giant is viewed as an incremental step for a company with a voracious appetite.

After coming to San Antonio and leaving its more-than-century-old base in St. Louis, Southwestern Bell gobbled up phone companies from California to Chicago and Connecticut. It changed its name in the process to SBC Communications. But in November it made what locals consider a defining acquisition: It bought the remains of AT&T.

SBC opted to keep its headquarters in San Antonio instead of AT&T's New Jersey, but it took on the AT&T name, giving San Antonio boosters a brand name they believe grants the city recruiting power throughout the world.

"We would kill to have a company with that kind of global ID attached to our community," says Joe Krier, president of the Greater San Antonio Chamber of Commerce.

Krier sees free publicity for the city in virtually any news story that mentions AT&T. "You know: 'AT&T, which is headquartered in San Antonio.'

"That gives us entree when we are trying to sell this town. You cannot put a monetary value on that," he says.

The AT&T deal led local boosters to plan a $200,000 ad campaign in magazines to highlight the city's stable of companies.

In addition to AT&T, San Antonio is home to two big energy companies --- Valero Energy and Tesoro --- plus insurer USAA and Clear Channel Communications, the radio station and billboard giant.

Some locals unfazed

San Antonio was still digesting news about the SBC-AT&T deal when the company announced its deal to acquire BellSouth. In fact, last week the company was running newspaper and TV advertisements in San Antonio to publicize SBC's name change to AT&T.

Signs on the company's understated 13-story headquarters on a bend in the city's tourist-friendly River Walk have been changed to AT&T. Employees were handed AT&T pins during a recent celebration of the sign swap. But at least three taller buildings in San Antonio's downtown still carry the SBC name.

Many locals don't expect much effect on their own lives from the corporate changes.

"It doesn't matter to me. I don't even carry a cellphone," said Lee Fellows, who ferries tourists on boat cruises along the restaurant- and hotel-lined River Walk, which winds through downtown.

Change feared, applauded

Others voice concern about a return to a monopolistic phone company or worry about the potential for job cuts as AT&T eliminates redundant positions.

Clara Altomare, who works at a coffee shop near the company's headquarters, is concerned that AT&T's bigness will change a community known for its easygoing ways.

"I like San Antonio the way it is. It's old-fashioned," she said. "It seems like a small town and there's not that much going on. . . . If I wanted a lot going on, I'd move to New York."

But Chris Trevino, an insurance salesman whose wife is an AT&T manager, likes the prospect of more economic growth. And he sees a chance to convince leaders of out-of-state companies that San Antonio is a good place to settle.

"They didn't realize the jewel of Texas was sitting right here all the time, nice and quiet," Trevino said.

City bustles with growth

San Antonio has been making noise lately, though. Toyota is months away from opening a new plant, with more than 4,000 job at the facility and with local suppliers. The National Security Agency is expanding the presence of regional offices that promise thousands of new jobs. Washington Mutual is opening a regional center with more than 4,000 employees.

The area's big military presence includes expansion plans at Fort Sam Houston. And locals are trying to get the Florida Marlins baseball team to relocate to the south central Texas city.

Historically, San Antonio has attracted far less business attention than the state's bigger metro areas, Dallas and Houston. Nor has San Antonio matched Atlanta's stable of major public companies. Metro Atlanta is home to more than 20 Fortune 1000 companies, compared with five in San Antonio.

The Texas city has only one major professional team --- basketball's San Antonio Spurs, who play at the recently renamed AT&T Center. Some residents question the quality of local schools. And there are concerns that there aren't enough jobs locally for young people who earn advanced degrees.

Loyalty surprising

But economic girth isn't everything. Locals and visitors extol the area's quality of life. San Antonio offers a low cost of living, attracts lots of tourists, embraces historic architecture and avoids the kind of traffic notorious in Atlanta. Motorists in San Antonio say rush hour really only lasts about an hour.

Still, AT&T's decision to stay in San Antonio --- rather than jump to a bigger place such as Atlanta with better air connections, more businesses and a bigger employment base --- has surprised some.

"I don't think of it [San Antonio] as a sophisticated business environment as much as a very large town," says Steve Barley, who works in sales and marketing for a Dallas technology company but has spent time in San Antonio.

Company moves are costly. And AT&T Chairman Ed Whitacre, who grew up near Dallas, has shown a strong loyalty to San Antonio since moving the company here 14 years ago. When Whitacre was considering the move from St. Louis, a consultant advised against San Antonio because its airport had limited direct airline flights, says Hernandez, the area's economic recruiter. "Mr. Whitacre said, 'I never have any trouble getting into San Antonio.' And that was the end of that.

"He has made clear that as long as he is chairman of the company, the headquarters will be in San Antonio," Hernandez says.

AT&T spokesman Walt Sharp declined to say whether the company is seriously considering relocating.

"San Antonio has been a good place for AT&T to do business," Sharp said, declining to be any more specific about San Antonio's benefits.

A role in community

The company employs about 5,600 people in the San Antonio area, though most are not part of the headquarters operation.

AT&T leaders sit on community organizations. A senior vice president, for example, chairs the economic development foundation. The company has been a regular donor to area fund-raisers, local officials say. Whitacre successfully pushed the PGA to back a golf resort in the area, and he offered to help the city try to persuade pro football and Major League Baseball teams to make the city their permanent home.

It doesn't appear that San Antonio paid a high price to land its biggest corporate citizen. As part of its original deal to relocate to San Antonio, Southwestern Bell received low office rent and construction of a parking garage. Relocating executives were offered reduced interest on mortgages and help finding jobs for spouses.

At the time, the company gave other reasons for making the move: It wanted to be in Texas, where most of its customer base was, and near Mexico, where it had substantial investments.

Since then, the city has tried to keep the company happy. It built a second parking garage and relocated a bus stop that had caused congestion near the headquarters.

"We would be fools not to constantly ask Mr. Whitacre and other executives, 'What do you need?' " says Hernandez, the economic recruiter.

But the economic recruiters's brow tightens when a reporter informs him that Georgia Gov. Sonny Perdue and Atlanta Mayor Shirley Franklin announced they will visit AT&T executives to lobby for a move to Atlanta.

At the chamber, Krier, the president, smiles politely at the news.

"Well, we welcome them to our town," Krier says.
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"We marched five leagues over a fine country with broad plains, the most beautiful in all of New Spain. We camped on the banks of an arroyo. This I called San Antonio de Padua, because we reached it on the day of his festival." - General Domingo Teran de los Rios, June 13, 1691, in a letter to the King of Spain on the occasion of the founding of San Antonio.
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  #683  
Old Posted Mar 17, 2006, 4:47 AM
kornbread kornbread is offline
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Mike Greenberg: 'River North' concept needs discussing

Web Posted: 03/12/2006 12:00 AM CST
http://www.mysanantonio.com/entertai...g.8336d96.html

San Antonio Express-News
Architect Andres Andujar of the local office of 3D/I has been spending most of his free time of late touting an idea he calls "River North." It's worth your attention.

River North is a concept for a "mixed-use, mid-rise, high residential density, urban neighborhood" flanking the San Antonio River at the north end of downtown.

Andujar says that he has no client for River North and owns no property in the study area. His firm hatched the vision as one of its annual public-service efforts.

He's presented the idea to dozens of civic, business and media organizations.

The San Antonio Conservation Society and the Downtown Advisory Board have endorsed the idea.

Though not explicitly endorsing River North, the executive committee of the Greater San Antonio Chamber of Commerce in December proposed a city task force to study incentives for "the development of mixed-use multi-unit housing in and around downtown."

A Tax-Increment Reinvestment Zone or some other type of public incentive is central to Andujar's concept. The idea is that a modest public investment can leverage immodest private investment, help give it a beneficial form and yield tax revenues that would be far larger than the up-front public costs.

The area that 3D/I studied is bounded by Broadway, McCullough Avenue, St. Mary's Street and Interstate 35. The San Antonio Museum of Art stands near the northern end; an AT&T office complex, built originally for Valero Energy Corp., anchors the southern end.

But Andujar observes that most of the property in the study area is zoned light industrial and will be prime for intensive redevelopment once river improvements, already planned, pull the 100-year flood plain back from that property.

"My argument is, why don't we dream of what we would like there and invest time and energy and maybe dollars to make sure that what is built there reflects the dream that the community dreams together?"

As a first stab at that dream, Andujar and 3D/I offer this vision:

•Broadway would be narrowed to four traffic lanes to allow wider sidewalks — reduced to almost nothing in street widenings before the McAllister Freeway removed much of the traffic from Broadway — and put in a landscaped median.

•Arden Grove, now a dead end between St. Mary's and the river, would be reconfigured and extended to Jones Avenue, with the art museum forming a grand terminus. Andujar imagines this street being something like Barcelona's delightful La Rambla.

•A few significant buildings, including a historic VFW Hall, would be retained, but Andujar sees most of the property redeveloped as three- and four-story apartment blocks with some street-level retail and interior parking garages. He sees taller residential and office buildings at the northern end, along the freeway.

•Avenue B would get wider sidewalks and pedestrian amenities befitting its role as the major residential spine of River North.

Andujar says a deep-pocketed investor — he's not at liberty to identify him or her — has already acquired considerable property in the study area and is interested in redeveloping it in accordance with the River North concept.

So it may be that a very modest public investment would do the trick for the entire area. Two critical pieces:

First, if City Public Service could live without its facility next to the museum, that property could be leveraged for private development.

Second, it's vital that the city find a way to pay for sidewalks and amenities along the river north of downtown. It's plain dumb to leave the design and funding of the public right-of-way to private interests, as the city now proposes.

In general terms — the only terms currently available — Andujar's vision is similar to Addison Circle, a high-end, mixed-use, pedestrian-oriented project in an otherwise sprawling suburban wasteland north of Dallas. The city of Addison invested in infrastructure and amenities to help make it happen.

If a mixed-use urban neighborhood worked in Addison, it should certainly work in this area, with the river and a major art museum in its midst, a short stroll from downtown and a future mixed-use neighborhood at the former Pearl Brewery.

Experience here and in other cities suggests that demand should be strong. Experience also teaches that, without a guiding public vision, redevelopment can trip over itself and fall short of its potential.

That doesn't mean Andujar's vision is necessarily the right one. It shouldn't be the end of discussion. But it is a good start.
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  #684  
Old Posted Mar 17, 2006, 7:42 AM
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^^^ awesome article, everyone should have a read!
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  #685  
Old Posted Mar 17, 2006, 8:04 AM
SayTownboy SayTownboy is offline
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The plug was pulled on the luxury hotel at The Rim because the developer is making it bigger!!

From 4 stories to 13!

---------------------------------------



Luxury hotel-condo plan to proceed

Web Posted: 03/17/2006 12:00 AM CST

David Hendricks
Express-News Business Writer


The Atlanta-based developer of a planned northwest San Antonio retail complex is pushing ahead with an expanded high-end hotel-condominium project valued at $130 million, despite the withdrawal of its luxury hotel management partner.

Thomas Enterprises will break ground this summer on the 13-story project named Hotel Talavera, with 152 hotel rooms and 133 condos at The Rim, on the northeast corner of Interstate 10 and Loop 1604. The opening is slated for spring 2008.

The expanded project was announced Thursday after news earlier in the week that Atlanta-based West Paces Hotel Group and its planned luxury chain brand, Hotel Solís, had withdrawn from the Mexican colonial-style project.

West Paces left the project after Thomas Enterprises expanded the hotel from its original four-story hotel design to include condos, said Thomas Enterprises President and Chief Executive Stan Thomas.

"It will be among the nicest hotels in Texas," said Hal Thannisch, president of Thannisch Development Services Inc. in Atlanta, the developer for the Hotel Talavera project. "It will be notable in Texas among other luxury hotels."

The Talavera name comes from the distinctive tile and ceramic arts that originated from the Mexican city of Puebla during the French Army's occupation in the mid-1800s and spread throughout Mexico in varying interpretations.

The hotel's ground floor will be common space, including the lobby. Hotel rooms, averaging 500 square feet, will occupy the next three floors. The condos will fill the remaining floors, ranging from one-bedroom units at 1,200 square feet to three-bedroom units at 2,500 square feet.

Penthouses with rooftop terracing will be larger. Condo prices will range up to $1 million or more, Thannisch and Thomas said. Condo residents will be entitled to the same services and hotel amenities as the hotel guests, including room service and the planned 11,000-square-foot spa.

"This will be a little oasis," Thannisch said. "We're trying to strike a prominent landmark for that corner of San Antonio. It's exciting to make that addition to San Antonio's dynamic growth."

Hotel Talavera will operate two restaurants, an 80-seat restaurant with 40 seats outdoors and a casual poolside taqueria. A culinary center will allow for "food and fun" activities in which guests and residents can learn about cooking from chefs and match foods with wine.

A 4,600-square-foot ballroom also is planned, along with a 2,000-square-foot meeting room and two smaller meeting rooms.

The hotel-condo project will be on the caliber of the Thomas Enterprises' Las Ventanas al Paraiso resort in Los Cabos, Mexico. The San Antonio hotel "will have the same design team. Mexicans know Las Ventanas as the market leader in their country," Thannisch said.

The design team consists of Dallas firms HKS Inc., the architect SWA Group, which will do the landscaping, and Paul Duesing Partners, which will do the interior design.

Thomas Enterprises has developed or plans to build similar projects in the Atlanta area, in Orlando, Fla., and in California, the Caribbean and Europe. "Our desire is that each project express their own individuality and provide authentic experiences for guests," Thannisch said.

Hotel Talavera will provide the residential anchor for The Rim, which is called a "lifestyle center" based on the idea that residents will not have to leave the residential-retail complex for shopping or entertainment.

The Rim's retail center will cover 2 million square feet on 150 acres of the 800-acre site. The retail anchor will be Bass Pro Shops Outdoor World store. Other retail tenants have not been announced.

http://www.mysanantonio.com/business....1c18e872.html
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  #686  
Old Posted Mar 17, 2006, 8:16 AM
SayTownboy SayTownboy is offline
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Andujar says a deep-pocketed investor — he's not at liberty to identify him or her — has already acquired considerable property in the study area and is interested in redeveloping it in accordance with the River North concept.
Umm... hell yes!
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  #687  
Old Posted Mar 17, 2006, 8:51 AM
SayTownboy SayTownboy is offline
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This is the area of downtown which makes up River North:



These pictures are about 5 months old.
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  #688  
Old Posted Mar 17, 2006, 10:27 AM
TXlifeguard TXlifeguard is offline
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Anybody wondering, publically or privately about AT&T's possible need for a new HQ skyscraper downtown post pergers? Since they have announced that BellSouth's former HQ will now become just a regional HQ (although Cingular will stay HQ'd there) and 'some' managers will come to SA (although BellSouth has 10,000+ managers compared with the pre-SBC/AT&T merger of 600 local managers, so one would think there would be a HUGE inflow of managers from AT&T's HQ in New Jersey and BellSouth's HQ in Atlanta).

I'm thinking that AT&T is spread out all over town right now; the offices on Broadway at Hildebrand, the former Valero offices at 6th, and the other HQ on the riverwalk. Wouldnt it make sense from a corporate HQ to consolidate these offices, along with the new managers into a BRAND NEW CORPORATE HQ DOWNTOWN? I'd hope they wouldnt pull a Washington Mutual/Citibank/World Savings/Valero deal and build a 'corporate campus' out in the sticks. As arguably the highest profile employer in SA (besides the government and Toyota) I'd say they belong in downtown, and in a highly visible new office tower.

BellSouth HQ in Atlanta: (the shorter white building)
http://www.emporis.com/en/il/im/?id=223261

BellSouth building in Nashvegas:
http://www.jasoncoleman.net/images/belltower.jpg

BellSouth building in Jacksonville:
http://geerservices.com/images/bst.jpg

So why wouldnt the new AT&T wanna represent in its new HQ city?

Ya'lls thoughts?
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"We marched five leagues over a fine country with broad plains, the most beautiful in all of New Spain. We camped on the banks of an arroyo. This I called San Antonio de Padua, because we reached it on the day of his festival." - General Domingo Teran de los Rios, June 13, 1691, in a letter to the King of Spain on the occasion of the founding of San Antonio.
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  #689  
Old Posted Mar 17, 2006, 11:15 AM
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Quote:
Originally Posted by SayTownboy
This is the area of downtown which makes up River North:



These pictures are about 5 months old.
LOL, I love those photographs of your's of projects mentioned on the news. Great work! I've been guilty of doing that myself. Whatever it takes, right?!
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  #690  
Old Posted Mar 17, 2006, 2:10 PM
SayTownboy SayTownboy is offline
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Arden Grove, now a dead end between St. Mary's and the river, would be reconfigured and extended to Jones Avenue, with the art museum forming a grand terminus. Andujar imagines this street being something like Barcelona's delightful La Rambla.
Oh wow, if we could do that my god would Downtown become awesomer by 1 million percent.

River North needs to get its stuff together and happen!
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  #691  
Old Posted Mar 17, 2006, 2:21 PM
SayTownboy SayTownboy is offline
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Here's a better idea of the study area for River North:



This is why we got Sheryl Sculley because she can make things like this happen.

Let her do her dang magic!
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  #692  
Old Posted Mar 23, 2006, 8:48 AM
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COMMUNITY FEATURES
- 24-hour doorman/concierge
- Private resident clubroom
- Business center with high speed Internet/copies and faxes
- Package/grocery receiving
- Guest suites for overnight stay
- Private exercise facility
- Private outdoor swimming pools
- Spa services
- Private landscaped common areas
- Storage available
- Private secured/gated parking garage


STANDARD INTERIOR FEATURES
- Gourmet kitchens with natural stone countertops, custom cabinetry, and stainless steel appliances.
- Porcelain tile flooring
- Kohler fixtures and designer hardware
- Soaker tubs
- Linen storage and appliance-ready laundry closets
- Designer bedroom carpeting
- Recessed light fixtures in kitchen and bathrooms
- Generous walk-in closets
- Spacious balconies or rooftop gardens
- Grand entryways
- 9'4" ceilings in living and dining areas
- Open floor plans

The Vidorra website now has views from 5 floors, 10 floors, and 20 floors.

http://www.verticallivingsa.com/


Wow, I only see great things for the Sunset Station area!
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  #693  
Old Posted Mar 23, 2006, 7:20 PM
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Cool architecture! Downtown is coming along.
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2020 S. A. Pop 1.59 million/ Metro 2.64 million/ASA corridor 5 million Census undercount city proper. San Antonio economy and largest economic sectors. Annual contribution towards GDP. U.S. DOD$48.5billion/Manufacturing $40.5 billion/Healthcare-Biosciences $40 billion/Finance-Insurance $20 billion/Tourism $15 billion/ Technology $10 billion. S.A./ Austin: Tech $25 billion/Manufacturing $11 billion/ Tourism $9 billion.
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  #694  
Old Posted Apr 2, 2006, 10:53 PM
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The Re-grand opening of downtwon San Antonio's 5th theatre palace.
Beautiful!!

http://www.aztecontheriver.com/



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2020 S. A. Pop 1.59 million/ Metro 2.64 million/ASA corridor 5 million Census undercount city proper. San Antonio economy and largest economic sectors. Annual contribution towards GDP. U.S. DOD$48.5billion/Manufacturing $40.5 billion/Healthcare-Biosciences $40 billion/Finance-Insurance $20 billion/Tourism $15 billion/ Technology $10 billion. S.A./ Austin: Tech $25 billion/Manufacturing $11 billion/ Tourism $9 billion.
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  #695  
Old Posted Apr 3, 2006, 6:00 AM
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Posted in the Austin construction thread, incase you missed it, here it is.

April 2, 2006
NY Times National Perspectives


In Some Texas Cities, the Sprawl Is Vertical
By KATE MURPHY


HOUSTON -- NOT all Texans own ranches, but they tend to like good-sized yards even if they live in the city, which is why the state's urban areas sprawl into the sunset. It's possible to run out of gas crisscrossing Houston. The same could be said for Dallas, Austin and San Antonio.

Tall buildings are clustered mainly in downtown areas, which historically have been so deserted at night that tumbleweeds could blow unperturbed across the desolate streets. But now there's life after dark in and around Texas's central business districts, thanks to the construction of residential high-rise buildings. In a marked shift, more Texans are warming to high-rise living, particularly if the properties offer luxury amenities.

"The demand is kind of surprising because Texans are people who like dirt on the ground," said Nancy Elizabeth Garfield, an agent at Greenwood King Properties who specializes in high-rise residences.

According to Property and Portfolio Research, an independent real estate research and advisory firm in Boston, Houston is expected to add 3,119 high-rise condominium units in 2006 versus 1,001 in 2005.

The last time residential high-rises were built in Texas was in the 1980's, and they didn't do very well, Ms. Garfield said. Austin's high-rises were limited to student housing at the University of Texas, and the handful that were constructed in Houston, Dallas and San Antonio went bankrupt or remained vacant while the developers offered incentives like agreeing to buy back units at the purchase price up to 10 years later. Twin high-rises in Houston called the Four-Leaf Towers even offered favorable terms on apartments to local members of the clergy hoping their flocks would follow.

But now the Four-Leaf's 400 units are fully occupied and its local developer, the Interfin Companies, has built two more residential towers closer to downtown. One with 95 units was completed in 2000 and has no vacancies, and the other, built last year, has only 14 of 97 units available, according to brokers.

Cranes are pivoting around the shells of three other high-rise condominium projects nearby with another scheduled to break ground in May.

"We are seeing increased demand in Texas for the lock-and-leave condo lifestyle," said Mark Cover, executive vice president for the southwest region at Hines Interests, a privately owned international real estate firm based in Houston. "It appeals especially to people who travel a lot and don't want to worry about their home's security or maintenance while they're gone."

Hines has participated in the development of two high-rise projects in Houston — one completed last year, which is full, and another scheduled for completion by 2007, which already has contracts on 55 of its 70 units.

Mr. Cover said Hines would also break ground on a residential high-rise in Dallas this summer and was in negotiations to put up three more buildings in the city. Property and Portfolio Research reports that Dallas will add a total of 3,231 high-rise condos this year, up from 1,593 last year.

The increase is in contrast to other markets around the country. "In places like Florida, Arizona and California, the markets got overheated, but Texas arrived late to the party and is still very active," said Michael E. Puls, president of Foley & Puls, a real estate consulting firm based in Dallas.

Because of "irrational exuberance" elsewhere, he said, investor interest in residential high-rise projects has waned, so developers in Texas have had to come up with "concepts that will appeal to the people who will actually move into these places."

An example is the Plaza Turtle Creek high-rise apartments in Dallas, which was completed in 2001 and is now more than 80 percent occupied. The building is on a prime patch of wooded land just outside of the city's downtown and adjacent to the Mansion at Turtle Creek, a luxury hotel. The 18-story, 111-unit high-rise is managed by the hotel, and residents have access to room service and other amenities afforded hotel guests.

The developer, the Meyer Development Corporation, is planning another residential high-rise on the property that will also be managed by the Mansion at Turtle Creek. It will have larger units, from 5,000 to 11,000 square feet, and buyers will be able to design their own floor plans.

"To get people to move out of their houses in Highland Park," said Larry Meyer, president of Meyer Development, referring to an exclusive neighborhood in Dallas, "you've got to give them an exceptional level of service, privacy and customization."

Developers of residential high-rises in major Texas cities say their target is baby boomers whose children are grown. "These people can live anywhere they want, so we're not so much in the housing business as the lifestyle business," said Giorgio Borlenghi, president of Interfin. His company's newly built residential towers have Olympic-size pools, health clubs and day spas, along with concierge and valet service.

Last year, Sue Volk moved with her husband, Richard, from a three-story 4,500-square-foot house in Houston to a 2,200-square-foot apartment on the 21st floor of Interfin's newest high-rise, called the Montebello. "I like being able to leave my car out front, walk in and have them bring up my groceries," she said "The security is wonderful, and you don't have to deal with the upkeep of a house, yard and pool." Mrs. Volk also owns a second home in Aspen, Colo.

But empty-nesters are not the only ones moving into Texas high-rises. They also appeal to young professionals tired of commuting from outlying suburbs.

"The congestion in Austin has increased so much and become such a quality of life issue that people want to live near where they work so they can leave their car in the garage," said Charles Heimsath, president of Capitol Market Research, a real estate consulting firm in Austin.

There are 832 high-rise units scheduled for completion in its downtown area this year versus 20 last year, and at least 10 more high-rise projects are on the drawing board, according to Mr. Heimsath.

Another contributing factor is the number of big companies that have their headquarters in the state, including Dell Computer, Continental Airlines, American Airlines and ExxonMobil. These businesses attract employees from all over the world and many are already accustomed to living in high-rise buildings.

Wealthy people from Latin America and the Middle East who have oil or other business interests in Texas are also buying high-rise units in the state.

"We're only two hours from the border, so we have a lot of Mexican nationals who want to buy high-rise apartments here as a second home," said Phyllis Browning, an independent real estate agent in San Antonio, where two downtown high-rise condominiums were built within the last two years with five more under development.

"We had two high-rises that went up in the 80's and they failed and were foreclosed, but now even they are completely full," Ms. Browning said.

Like residential high-rises in other Texas cities, the ones in San Antonio offer high-end amenities, at prices ranging from $350,000 to $2 million. "Cheap ones wouldn't do well," said Ms. Garfield in Houston. "It's got to be well-built, luxurious and have a fabulous view for Texans to give up their yards."

Copyright 2006 The New York Times Company
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  #696  
Old Posted May 7, 2006, 3:40 AM
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KevinFromTexas KevinFromTexas is offline
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New hotel/condominium tower here for San Antonio. 18 floors!

Plazas del Sol - 18 floors, (that I can see in the rendering).

1.1 million square feet of mixed space.
220 hotel rooms
60 condominiums
And a 600 seat theatre

It's being designed by WDG Architecture of San Diego.

Rendering at this website. Click on "Plazas del Sol" in the upper right at that link.
http://www.wdg-habib.com/hospitality.html

Have any of you heard about this project? It looks great, I love the design.
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  #697  
Old Posted May 13, 2006, 5:27 AM
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I was curious about the Staybridge Hotel Sunset Station project since, I believe, it is approved to go forward. I would imagine the city's historic preservation group would have had to approve any design since it is in a historic area.

I found this link that discusses a few projects:
http://www.esanantonio.com/bravo%20san%20antonio.htm

And, it had an image of the Staybridge:

I think this gives a pretty good idea of where it will sit (right across from the Sunset Station courtyard. I wonder what that will do to the live shows?)

This also shows that there is a portion that fronts Sunset Station that is designed to blend in, but the actual 12 story tower has no real distinguishable features. However, it is really hard to see.
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  #698  
Old Posted May 13, 2006, 9:09 PM
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We may finally start noticing some progress on the Grand Hyatt Convention Center Hotel. A tall crane started going up this morning! Also the excavation seems to be complete with the incredible depth spanning the entire site.
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  #699  
Old Posted May 18, 2006, 3:35 PM
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Does anyone know exactly where the proposed hotel on Villita Street will be?
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  #700  
Old Posted May 27, 2006, 5:40 PM
SayTownboy SayTownboy is offline
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Which hotel is that?
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